PRIME BIG SHED HITS THE MARKET! 260,000FT² WAREHOUSE FULLY FITTED AND AVAILABLE NOW!


August 21, 2008

Industrial/Warehouse News

Equivalent to three football pitches, at least 12 metres high and with enough car parking for 60 cars plus large service yard, not often do properties of this size come to the market built, fitted and ready for immediate occupation.

Add these factors to a prime location off the A38 (T) within two miles of Junction 28 of the M1 and you have a rare and superb opportunity to take on prime high bay warehouse space.

Need any more incentive? Then how about a flexible lease with clients willing to offer occupation from a short term to 25 years or beyond.

Like to know more? Speak to Tim Gilbertson, John Proctor or Edward Hine of Fisher Hargreaves Proctor who are marketing the building on behalf of Quinn Group Plc

Tim Gilbertson explained:

“I am delighted to have the opportunity to let this building on behalf of our clients as it will offer personally a full cycle of development of the site having initially acquired the site for the original land owners, subsequently sold it to Quinn Group and now I have the opportunity to let it on to one lucky occupier!

When our clients built this unit, they were considering whether to amalgamate all their regular operations under a single roof or alternatively speculatively develop one of the finest buildings in the region and hold as a long term investment.

I am delighted to say that the latter strategy has been pursued and we are now tasked with a superb opportunity to provide a prime location for what will, in all likelihood, become a new home to a third party distributor or warehouse and distribution occupier.

My clients have gone over and beyond the normal specification with this building having already fully fitted it to include heating, lighting and sprinkler systems throughout and have provided high quality two storey offices in addition to the front elevation.

Benefitting from a large secure yard, with separate flood lit car park to the front, the building is unique within the region as whilst throughout the East Midlands market there may be one or two comparative units in terms of size, none are fitted and ready for immediate occupation and/or offer a landlord prepared to offer short or long term leasehold occupation.

To be launched properly to the market in the next few weeks, early interest is sought and already, bearing in mind the scarcity of product and the fact that the building is fully fitted, we have expressions of interest which hopefully will crystallise into firm requirements in the near future.

This is an opportunity which for many local companies and distributors may be too good to be missed and I hope that further strong and early interest can be generated.”

Group Development Director at Quinn Group Plc, Kevin Lunney, commented:

“The property has been built with a very definite option in mind to occupy the building for our own use.  In this regard the very highest construction and finish specifications have been applied throughout.  A very recent change in operational strategy means that the property is now available for lease and the perspective tenant will benefit greatly from the high standards deployed.  We believe that the building will be extremely attractive to a large operator seeking efficiency and scale under one roof.  Whether for our own use within the Quinn Group or for lease it is clear that the property represents a very valuable and sought-after addition to our overall property portfolio in the UK and internationally.  In managing the property in the future we will work closely with the tenant and will bring to bear our considerable international commercial property management experience to ensure a positive and long-term mutually beneficial relationship.”

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